Analyst: Bitwise Dogecoin spot ETF could become effective in 20 days

Bloomberg ETF analyst Eric Balchunas stated on X that Bitwise is confirmed to be using an 8(a) procedure for its spot Dogecoin (DOGE) ETF application. He noted that this means the filing will automatically become effective after 20 days unless the U.S. Securities and Exchange Commission (SEC) takes separate action to delay it. The 8(a) procedure is a non-standard listing method in which an issuer removes the delaying amendment from its S-1 application, allowing it to take effect automatically after a certain period without a formal SEC approval process.